Cass Information Systems (NASDAQ:CASS) Sets New 1-Year High – Time to Buy?

Posted by Geri Gentry on Aug 21st, 2026

Cass Information Systems, Inc (NASDAQ:CASS – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $59.63 and last traded at $57.99, with a volume of 26475 shares changing hands. The stock had previously closed at $57.70.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Piper Sandler reissued a “neutral” rating and set a $61.00 target price (up from $52.00) on shares of Cass Information Systems in a research note on Thursday, August 6th. Raymond James Financial raised their price target on shares of Cass Information Systems from $52.00 to $56.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Zacks Research cut Cass Information Systems from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 13th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Cass Information Systems in a research note on Tuesday, August 4th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $58.50.

Get Our Latest Research Report on Cass Information Systems

Cass Information Systems Trading Up 0.3%

The business has a fifty day simple moving average of $53.63 and a two-hundred day simple moving average of $48.58. The company has a market cap of $728.76 million, a PE ratio of 20.46 and a beta of 0.41.

Cass Information Systems (NASDAQ:CASS – Get Free Report) last announced its earnings results on Thursday, July 23rd. The business services provider reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.01). Cass Information Systems had a return on equity of 14.89% and a net margin of 18.45%.The business had revenue of $27.04 million for the quarter, compared to analyst estimates of $51.02 million. Equities analysts expect that Cass Information Systems, Inc will post 2.99 EPS for the current year.

Cass Information Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Friday, September 4th will be given a dividend of $0.32 per share. The ex-dividend date is Friday, September 4th. This represents a $1.28 dividend on an annualized basis and a yield of 2.2%. Cass Information Systems’s payout ratio is presently 46.04%.

Institutional Trading of Cass Information Systems

Large investors have recently bought and sold shares of the business. Triumph Capital Management purchased a new position in Cass Information Systems in the 3rd quarter worth approximately $25,000. Kingdom Financial Group LLC. purchased a new stake in shares of Cass Information Systems in the fourth quarter valued at approximately $26,000. New York State Teachers Retirement System purchased a new stake in shares of Cass Information Systems in the fourth quarter valued at approximately $46,000. BNP Paribas Financial Markets grew its position in shares of Cass Information Systems by 50.7% in the second quarter. BNP Paribas Financial Markets now owns 1,227 shares of the business services provider’s stock valued at $53,000 after purchasing an additional 413 shares in the last quarter. Finally, Legal & General Group Plc acquired a new stake in shares of Cass Information Systems in the second quarter valued at approximately $59,000. Hedge funds and other institutional investors own 59.08% of the company’s stock.

About Cass Information Systems

(Get Free Report)

Cass Information Systems, Inc provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. The company operates through two segments, Information Services and Banking Services. Its services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. The company also processes and pays facility-related invoices, such as electricity, gas, waste, and telecommunications expenses; and provides telecom expense management solutions, as well as church management software solution and on-line platform to provide generosity services for faith-based and non-profit organizations.